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Playing a possible rebound in this beaten-down tech stock using options

Chaim Potok by Chaim Potok
September 30, 2025
in Investing
Playing a possible rebound in this beaten-down tech stock using options
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Accenture (ACN) is down about 30% year to date largely on worries that “DOGE” driven federal spending cuts could hit its government business. In its Sept. 25 earnings report, management helped calm those fears, noting a rebound in bookings — helped by AI-driven demand. While the fundamentals don’t hurt the case, I trade off of price action. For this setup, I’m leaning on three of my go-to technical indicators for confirmation. RSI (Relative Strength Index) The RSI has turned sharply higher after spending most of September near oversold territory — a constructive sign that upside momentum is starting to build. A clean push away from the 30 zone is often the first hint that sellers are losing control. Directional movement index (DMI) The DMI is lining up: DI+ (green) is starting to lift while DI– (red) eases off, and ADX (blue) is stabilizing. That combo typically signals bearish pressure is fading and a potential trend shift is forming. If DI+ continues to separate above DI– with ADX firming, the bullish case strengthens. MACD (moving average convergence divergence) The final piece of confirmation comes from the MACD, which I treat as a dependable reversal signal. On ACN, the MACD line (blue) crossed above the signal line (yellow) on Sept. 25, indicating that upside momentum is starting to assert itself. Taken together with RSI firming and DMI improving, that crossover rounds out the bullish checklist for this setup. If you’re into setups like this, I’m unlocking the options trade scanner from my newly launched trading algorithm free for today for CNBC readers — grab a few more trades while it’s live. Here’s the scanner. The trade setup : ACN 245-250 bull call spread To play ACN to the upside, I’m using a bull call spread — defined risk, defined payoff. With ACN trading near $247, the base setup is: buy the $245 call and sell the $250 call as one unit. If ACN finishes at or above $250 by expiration, the spread pays its full $5.00 value — turning roughly a $2.50 debit into a 100% return. With 10 contracts, that’s $2,500 at risk for a potential $2,500 gain. Here is my exact trade setup: Buy $245 call, Oct. 24 expiry Sell $250 call, Oct. 24 expiry Cost: $250 Potential Profit: $250 — Nishant Pant Founder: https://tradewithmaya.com https://tradingextremes.com Author: Mean Reversion Trading Youtube, Twitter: @TheMeanTrader DISCLOSURES: Nishant has a ACN 245-250 Call Spread expiring on Oct. 24. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.



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